Industry News

Construction of Africa’s first hybrid renewable power plant commence

Construction of the first hybrid power plant in Africa has commenced. Windlab’s global CEO Mr Roger Price confirmed the report and said the project will be developed to international standards. Situated in Meru County in Kenya, the hybrid project dubbed ‘the Meru County Energy Park’ will be a large-scale facility that combines wind, solar PV […]

Kenya Secures $1.7 Bln in Investment at UK Summit

Kenya has secured $1.7 billion from the UK in investments deals during the UK-Africa Investment Summit. Furthermore, UK signed a new Memorandum of Understanding (MoU) to collaborate on mobilizing private finance into Kenyan projects. Also, the Rwandan government and the World Bank announced during the summit that they will be launching a 3-year, fixed-rate, RWF-denominated […]

China hands over $80 million digital TV project to Kenyan government

StarTimes Kenya, the contractor of Access to Satellite TV for 10,000 African Villages, a China-Africa Cooperation project that aims to reduce the digital divide in African rural areas, on Friday officially handed over the $80 million digital television project to the Kenyan government. Launched in June 2018, the project benefited 800 villages across Kenya’s 47 […]

New board to market Kenya livestock products globally mooted

A new livestock Bill has proposed the formation of a marketing board that will oversee promotion of Kenya’s products across the world. Livestock Products Marketing Board, which has been proposed in the Livestock Bill 2019, will among other things promote the trade of livestock and livestock products, including signing of trade agreements on behalf of […]

Kenya among countries with lowest internet costs in Africa

East Africa’s internet data charges are among the cheapest in Africa, according to a report released by technology think tank, Research ICT Africa. The report, 1GB Basket Statistics, compares different prices for 1GB of daily mobile internet data in 45 out of Africa’s 53 nations, by taking into account the mean charges of the total […]

Kenya: First online-only motor insurer launches mobile app

Grin Insurance, Kenya’s first digital-only car insurance company, has released its flagship mobile application, reported Reuters. The app lets customers pay premiums in instalments and pause coverage whenever they travel abroad. Grin will process claims in a week rather than the industry standard of 30 days, said Ms Jihan Abass, a 26-yearold Kenyan who is […]